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The Center for Talent & Opportunity

The Center for Talent and Opportunity is a community resource at Sagamore Institute for closing the wealth gap of the New Majority by accelerating entrepreneurship and impact investing.

According to a 2019 Survey of Consumer Finances, the median net worth of Black households was one-eighth ($23,000 as opposed to $184,000) that of white households. Likewise, the median net worth of Hispanic households was almost one-fifth ($38,000 to $184,000) that of white households. Women earn about 79 cents on the dollar compared to men but own only 32 cents; and women of color own only pennies on the dollar compared to white men and white women. This shortfall in financial wealth creates a cascade of inequalities in education, homeownership, and simply saving for emergencies. While addressing these disparities in opportunity requires a wide array of solutions, entrepreneurship can provide the best opportunity to build sustainable, long-term wealth while strengthening families and communities.

A 2015 Census Bureau report predicts that by 2044, America's white majority will become merely a plurality: more than half of all Americans are projected to belong to a minority group (any group other than non-Hispanic white). The aggregation of these groups create the New Majority.

Impact investments are investments made with the intention to generate positive, measurable social and environmental impact alongside a financial return. The Global Impact Investing Network values the market at $715 billion and growing with 88% of impact investors reporting returns that met or exceeded their financial expectations.  Investments in new majority entrepreneurs provide direct measurable financial impact that can generate market returns in the growing marketplace.

Any entrepreneurial journey is founded on a restless pursuit of questions.  At the Center for Talent and Opportunity, we’re inspired by the possibilities of two seemingly simple words that when put together can create such opportunity:  What if?

What if financial capital for starting a high growth business was more accessible for New Majority entrepreneurs?

Meet Jaylon Smith and the Minority Entrepreneurship Institute

Meet our New Majority entrepreneurs

What if New Majority founders had easy access to valuable resources within their local entrepreneurial ecosystem?

COMING SOON

What if we did a better job of telling the stories of inspiring New Majority entrepreneurs so future generations could see different paths to opportunity?

COMING SOON

  • Our Partners
  • Our Story

Innopower

InnoPower Indy Inc. is a Black-owned and led community development organization that works with communities and stakeholders to create capacity-building opportunities for underrepresented businesses and professionals in education, workforce development, and entrepreneurship. Innopower understands that the problem of generational poverty cannot be blamed on a lack of Black creativity, innovation and risk-taking to establish, grow and scale businesses that can produce jobs and wealth. 

MEI Capital

The Minority Entrepreneurship Institute (MEI) Capital seeks to close the economic and educational gap for minority entrepreneurs. Through annual pitch competitions, we make direct investment into minority-owned businesses in Indiana, Texas, and Florida. MEI has invested $850,000 in eight portfolio companies to date, which have gone on to raise an additional $5M in investments and grants since joining our community. MEI Founder Jaylon Smith has committed $2.5 million over 10 years to this cause and leverages his platform as an NFL player and business owner to encourage peers in professional sports and the marketplace to co-invest in minority entrepreneurs. 

COhatch

Work. Meet. Live. It’s the COhatch tagline but it’s also our mission statement. COhatch reinvents work in America by blending enhanced productivity with family and community well-being. In other words, success is measured in human flourishing and community renewal. Their method is forged in being a mixed-used developer, owner, and technology-enabled operator of spaces—think: “Community Town Hall 2.0”. COhatch serves the emerging entrepreneur alongside small businesses, large corporations, nonprofits and churches. At each location, they build partnerships to incubate social impact and infuse civic enterprise.

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